TLT, XRT: Big ETF Outflows
May 30, 2024 at 11:52 AM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares 20+ Year Treasury Bond ETF, where 14,700,000 units were destroyed, or a 2.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Retail ETF, which lost 2,300,000 of its units, representing a 35.7% decline in outstanding units compared to the week prior.